Biotech Still A Wreck?
There’s not much to look at again tonight.
Overall, the market appears to be choppy at best. See Wednesday’s Stock Outlook
for more on this.
Considering the above, about the only thing
interesting I could find was biotech
(
$BTK.X |
Quote |
Chart |
News |
PowerRating). It drifted higher earlier
in the day before tailing off. This action suggests that its downtrend remains
intact. Therefore, continue to look for buying opportunities in puts and put spreads
here.
Best of
luck with your trading on Thursday!
P.S. Reminder:
Protective stops on every trade!